Tom Lee Says 'People Are Rage Quitting at the Bottom,' Compares Ethereum to Amazon, Nvidia, JPMorgan

Benzinga07-17 23:12

Amazon went from $6 to $241 after AWS scaled. Nvidia went from $1 to $197 after ChatGPT arrived. JPMorgan went from $58 to $334 after becoming a truly global bank. Each took years of sideways price ...

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JPMorgan went from $58 to $334 after becoming a truly global bank.\nEach took years of sideways price ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/07/60527869/tom-lee-says-people-are-rage-quitting-at-the-bottom-compares-ethereum-to-amazon-nvidia-jpmorgan\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tom Lee Says 'People Are Rage Quitting at the Bottom,' Compares Ethereum to Amazon, Nvidia, JPMorgan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTom Lee Says 'People Are Rage Quitting at the Bottom,' Compares Ethereum to Amazon, Nvidia, JPMorgan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-17 23:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/26/07/60527869/tom-lee-says-people-are-rage-quitting-at-the-bottom-compares-ethereum-to-amazon-nvidia-jpmorgan><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon went from $6 to $241 after AWS scaled. Nvidia went from $1 to $197 after ChatGPT arrived. JPMorgan went from $58 to $334 after becoming a truly global bank.\nEach took years of sideways price ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/07/60527869/tom-lee-says-people-are-rage-quitting-at-the-bottom-compares-ethereum-to-amazon-nvidia-jpmorgan\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/26/07/60527869/tom-lee-says-people-are-rage-quitting-at-the-bottom-compares-ethereum-to-amazon-nvidia-jpmorgan","article_id":"2652068284","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=3840,format=auto,quality=85/files/images/story/2026/07/17/Ethereum-Hits-New-Record--Ethereum-And-N.jpg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/crypto/cryptocurrency/26/07/60527869/tom-lee-says-people-are-rage-quitting-at-the-bottom-compares-ethereum-to-amazon-nvidia-jpmorgan","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2652068284","pubTimestamp":1784301120,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Tom Lee says Ethereum investors are selling near the bottom as Robinhood Chain, tokenization and AI strengthen ETH demand.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Tom Lee 表示“人们愤怒地在底层辞职”，并将以太币与亚马逊、英伟达、摩根大通进行了比较","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/447cf7b9522126068bfc74c4badb2ae6","symbols_score_info":{"ETU":1.5,"HOOD":1,"MAGY":1.5,"ETHU":1.5,"BEGS":1.5,"IXN":0.6,"09009":1.5,"GDLC":1.5,"ONLN":0.6,"QETH":1.5,"NVDA":1.5,"JPM":1.5,"BTF":1.5,"EZET":1.5,"IXG":0.6,"CETH":1.5,"AMZN":1.5,"BETE":1.5,"NVDD":0.6,"STCE":1.5,"BITQ":1.5,"CLSE":0.6,"ETHW":1.5,"ARKY":1.5,"BKCH":1.5,"AETH":1.5,"CRPT":1.5,"OND":1.5,"ETHD":1.5,"YETH":1.5,"ETH":1.5,"VERS":1.5,"ETHE":1.5,"PTF":1.5,"NCIQ":0.9,"WTAI":1.5,"BPAY":0.6,"ETHA":1.5,"EETH":1.5,"PGF":1.5,"BITW":1.5,"09179":1.5,"LFGY":1.5,"ETHV":1.5,"BETH":1.5,"FETH":1.5,"BULZ":1.5,"YMAG":1.5,"09046":1.5,"ETHT":1.5},"content_text":"Amazon went from $6 to $241 after AWS scaled. Nvidia went from $1 to $197 after ChatGPT arrived. JPMorgan went from $58 to $334 after becoming a truly global bank.\nEach took years of sideways price action before the addressable market expanded enough to move the stock. \nLee said ETH at $1,800 sits in that same window, with Ethereum co-creator Joe Lubin seeing a path to $250,000 as the fully realized version of that thesis.\nLee pointed to Robinhood Chain as the clearest proof that ETH is becoming money. \nThe Layer-2 network launched in July on Arbitrum, crossed $1 billion in daily volume within weeks, and uses ETH as its native gas token with all transaction fees denominated in ETH and settled on Ethereum’s base layer. \nRobinhood Markets (NASDAQ:HOOD) has 27 million users paying fees in ETH without necessarily thinking of it as crypto.\nEthereum also carries nearly 7,000 developers on the EVM stack, more than any other chain, and leads every major continent in developer activity according to Electric Capital data.\nLee argued that AI agents will eventually generate more income than the humans who deploy them, creating a trust problem only decentralized blockchain infrastructure can solve. \nHe called this the “uncanny valley of wealth” and said blockchain becomes the barrier between humans and AI, with ETH as the working capital layer of that economy.\nMarc Andreessen of A16Z framed it similarly, calling AI and crypto a grand unification.\nOn-chain data tracked by Onchain Lens showed Arthur Hayes accumulating 1,939 ETH in a single day through OTC transactions with Galaxy Digital and FalconX, spending roughly $3.72 million combined. \nThe purchases reverse a position he exited in late June when he sold 6,000 ETH at an estimated $606,000 loss alongside exits from Worldcoin, Zcash, NEAR, and Hyperliquid.\nETH remains down 47.86% over the past 12 months with the November 2025 death cross still in place.\nThe 50-day SMA at $1,740 sits below the 200-day SMA at $2,194, keeping overhead supply intact.\nKey levels for ETH:\nPhoto via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2652068284","isCrawlerRequest":true}